Barlev Tuvia 4
4 · ACTELIS NETWORKS INC · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Actelis Networks (ASNS) CEO Barlev Tuvia Sells Shares
What Happened
Barlev Tuvia, CEO of Actelis Networks (ASNS), reported a sale of 13,801 shares on 2026-05-18 at $0.08 per share, generating proceeds of about $1,166. The transaction was a sale (S) executed as a sell-to-cover to satisfy tax withholding obligations tied to the vesting/settlement of RSUs, not a discretionary open-market liquidation.
Key Details
- Transaction date: 2026-05-18; Form 4 filed 2026-05-20 (timely filing).
- Shares sold: 13,801 at $0.08 per share; total proceeds ≈ $1,166.
- Reason: Sell-to-cover to fund tax withholding on vested RSUs (footnote F1).
- Shares held after transaction: filing notes 46,297 shares of common stock underlying RSUs that remain subject to forfeiture until they vest (footnote F2).
- Transaction code: S (sale); footnote indicates the sale was mandated by the issuer for tax withholding and not a discretionary trade.
Context Sell-to-cover transactions are common when RSUs vest; the company or executive sells a portion of shares to pay required taxes. Such sales are generally considered routine and less informative about the insider’s view of the company than purchases.
Insider Transaction Report
Form 4
Barlev Tuvia
CEO
Transactions
- Sale
Common stock, par value $0.0001
[F1][F2]2026-05-18$0.08/sh−13,801$1,166→ 74,244 total
Footnotes (2)
- [F1]The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units ("RSUs"). The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- [F2]Shares held following the reported transaction include 46,297 shares of common stock underlying RSUs, which are subject to forfeiture until they vest.
Signature
/s/ Tuvia Barlev|2026-05-20